Remove Leadership Remove Nonprofit Finance Remove Poverty
article thumbnail

The Importance of Establishing Operating Reserves for Nonprofits

Stanford Social Innovation Review

A minority of nonprofits have more than six months of cash in reserve, according to reports like the Nonprofit Finance Fund’s State of the Sector ; many have less than three months of operating reserves on hand. Only three grantees opted out of the program, citing limited fundraising capacity or other challenges.

article thumbnail

Getting Federal Money to Communities: A Story from Puerto Rico

NonProfit Quarterly

The contract award, in short, was a huge win, but for CRH leadership and staff, celebration quickly turned to concern. The value of relationships In nonprofit financing, relationships play a pivotal, often understated, role. Lessons Learned What can we take from this story? Three core themes emerge from CRH’s experience.

article thumbnail

What’s Next for Community Development Finance?

NonProfit Quarterly

Viewed 30 years later, it is evident that the creation of the CDFI Fund was a milestone that led to rapid growth in the community development finance field. Indeed, Aisha Benson , CEO of Nonprofit Finance Fund, spoke near the end of the session to emphasize the obvious: The sector had aspects of both.